Market forces are at play influencing debit transaction growth in the United States. Mercator Advisory Group’s latest report, 2017 Annual U.S. Debit Data Review, looks at the data and how these influences are impacting all of the participants in the processing and settlement of a debit transaction.
“Some very abrupt changes in consumers’ use of debit have upended the debit card market’s typically reliable growth trajectory. Several factors are at play, some of which are favoring credit, including the availability of credit and the continued growth of online purchases, which has traditionally favored credit cards. This report tracks the events of the last several quarters and market conditions that influence the trends we are seeing in debit volume and what is likely to be most influential in the future,” commented Sarah Grotta, Director, Debit Advisory Service at Mercator Advisory Group, the author of the report.
This report is 22 pages long and has 14 exhibits.
Companies mentioned in this report include: Accel, AFFN, Kroger, Mastercard, NYCE, Pulse, Shazam, STAR, Visa and Walmart.